Chordline Health Acquired by Strategic Partner Post HCAP Exit
Deal News | Feb 26, 2025 | HFMC Capital LLC
HCAP Partners has announced its successful exit from Chordline Health, a prominent provider of workflow and analytics software for managed healthcare entities. Chordline Health, renowned for its clinician-designed solutions, has been acquired by a strategic partner focused on evolving the company's advanced platform, ACUITYnxt. This acquisition marks a significant step in Chordline Health's journey to enhance its software capabilities and add value to its clients in the managed care sector.
Sectors
- Healthcare Technology
- Private Equity
Geography
- United States – HCAP Partners and Chordline Health are based in the United States, making it the primary geographical focus of the article.
Industry
- Healthcare Technology – Chordline Health operates within the healthcare technology sector, providing workflow and analytics software solutions for managed care.
- Private Equity – HCAP Partners is a private equity firm, indicating the article's relevance to the private equity industry.
Financials
- Not Disclosed – The financial details of the acquisition were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chordline Health | Target Company | Company | A provider of clinician-designed workflow and analytics software for managed care. |
| HCAP Partners | Selling Company | Company | A private equity firm that recently exited its investment in Chordline Health. |
| Undisclosed Strategic Partner | Bidding Company | Company | The acquiring entity committed to advancing Chordline Health's ACUITYnxt platform. |